Futures, European Stocks Waver With Banks in Focus: Markets Wrap
(Bloomberg) -- US stocks fell and Treasuries edged lower ahead of inflation data due later this week as turmoil in the banking sector has cast uncertainty over interest rate hikes from the Federal Reserve. The S&P 500 slipped, snapping a three-day advance, while the tech-heavy Nasdaq 100 was 1% lower. The two-year Treasury yield held just above 4% after a rollercoaster month that saw it as high as 5%. A dollar gauge fell for the eighth time in nine days. “Investors can’t seem to make up their minds as to where stocks should go from here, how the bank crisis will play out, and whether the F...
Source: swissinfo.ch
